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Editor's Pick

There’s gold in that there river, say Minnesota treasure hunters

Meet the prospectors who are finding the precious yellow metal in the Mississippi River.

The Minnesota Star Tribune
December 15, 2025 at 12:00PM
Tony Zinkowich of Albert Lea pans for gold in the Mississippi River along with fellow members of the Gold Prospectors of Minnesota and Wisconsin at Babcock Memorial Park in Elk River. (Anthony Soufflé/The Minnesota Star Tribune)

In the classic 1948 Humphrey Bogart movie, “The Treasure of the Sierra Madre,” an old gold prospector opines that the precious metal is valuable because an ounce represents the sweat and heartbreak of thousands of men who have searched for it.

“An ounce of gold, mister, is worth what it is because of the human labor that went into the findin’ and the gettin’ of it,” declares the old miner.

The men who are searching and finding gold right here, right now, in the Mississippi River, are a testament to that insight.

They spend hours standing in murky water, stooping and squatting over buckets and pans, shoveling and sifting with hand tools and human muscle, processing hundreds of pounds of rocks, gravel, sand and mud.

The result: Tiny, but heavy specks with that unmistakable yellow gleam.

A close-up of the gold specks Mike Swisher collected in the bottom of his green plastic pan during a trip to the Mississippi River. (Anthony Souffle/The Minnesota Star Tribune)

“One of the best kept secrets about the Mississippi is that it’s full of gold. Real King Tut coating, Spanish sunken treasure, gold,” declares a gold hunter from Columbia Heights named Lucas Lundgren. “The question is how much.”

The answer is definitely some. But, alas, not a lot.

Lundgren, who calls himself the Glacial Gold Hunter, is a 40-year-old geologist who has spent the last year and a half trekking around Minnesota, Michigan, Wisconsin and Iowa prospecting and panning for gold in lakes, rivers and streams.

“I’ve found gold in all of them,” he said.

He’s documented his quest in 120 enthusiastic but quirky YouTube videos in a channel with about 24,000 subscribers. They range from "Gold in Regular MN Dirt" to "Lake Superior Beach Gold."

In one video, Lundgren shows himself toiling away to pan through 40 5-gallon buckets of Mississippi River dirt to see how much gold can be found in a cubic yard of soil from the river bottom.

It was an experiment, he said, to see if gold mining would be profitable in Minnesota.

After lots of hand shoveling and sifting, he excitedly reports that little bits of gold are showing up in his pan.

“Holy crap, that’s a big chunk of gold! That’s a giant speck from the Mississippi,” he said.

“It looks like the night sky. There’s a lot of gold in there,” he said of the tiny flecks winking in the sunlight hitting his pan.

He puts on his geologist hat to explain that the gold he’s finding is the result of glacial movements from the last ice age that scraped up gold deposits in Canada and deposited them here. It then collects in places where water is flowing or has flowed.

“That is a beautful little pile of gold,” he said after hours of work processing “40 buckets of Mississippi River paydirt.”

But the final tally is basically a tiny pinch of shiny dust so fine that you need a plastic suction bottle to pick it up. It weighed a grand total of 0.048 grams, about the weight of a drop of water.

Gold is currently worth more than $4,000 an ounce. But Lundgren calculated that the gold he found searching through a cubic yard of material from the Mississippi was worth only $6.19.

His answer on whether you can run a profitable gold mine on the Mississippi in Minnesota: “Absolutely not. But it sure is a lot of fun to go out and get these little specks.”

In another video that Lundgren took of himself in the Mississippi, a passerby can be heard off camera asking, “Are you panning for gold?”

“Yeah,” he replies.

“You find gold?”

“Yeah.”

“Like gold rings?”

“No. Little pieces. I’ll show you.”

After showing off the tiny bits of precious metal in his pan, he comments, “She wasn’t nearly as impressed as I thought she’d be. Then she quickly went away.”

Pickers, feelers, nuggets and viral videos

Despite the slim odds of hitting it rich, Lundgren isn’t the only person who has gold fever around here.

A Facebook group called Gold Prospectors of Minnesota and Wisconsin has about 7,500 members.

Group administrator Steven Shoemaker said he first tried gold prospecting in Alaska when he was stationed there after joining the Army in 1974.

He returned to the Twin Cities and gold prospecting after retiring from a 40-year-career in the Army that included stints as a Blackhawk helicopter pilot stationed in Iraq.

The 70-year-old once hunted for gold along the entire length of the Mississippi in Minnesota, panning every 50 miles or so on the river, starting from just outside Itasca State Park down to the Iowa border.

Recreational gold hunters are only allowed to use handheld, non-motorized, non-mechanical tools in Minnesota. In other words, the same sort of shovels and pans that humans have used for hundreds of years to find gold.

But Shoemaker has also tried underwater dredging and sluice boxes in gold hunting trips in other states, including Arizona and the gold rush town of Chicken, Alaska.

In gold hot spots like that, he’s found the sort of nugget-sized pieces that are only dreamed of in Minnesota.

Despite those bigger strikes, Shoemaker said his travel and other costs still make it a losing proposition.

“You come home with less money than you pay to go up,” he said of his gold hunting trips.

Besides, he doesn’t intend to sell what he finds.

“I’ll die with every piece that I’ll ever find,” he said. “I’m not worried about the price. It’s show and tell gold.”

Lucas Lundgren's gold hoard.

“I put it on the shelf and look at it,” Lundgren said of the little vial of gold that for him represents a year and a half of searching.

A similar sentiment was expressed by many of the dozen or so guys (most prospectors are guys) who showed up recently at a gathering of gold panners on the Mississippi at a little park in Elk River .

Panning for gold isn’t allowed in state or national parks, but it’s OK in other public lands.

“We’re not going to find big nuggets here,” said Kevin Keck, a 62-year-old Minneapolis resident who describes gold panning as his retirement hobby.

“It’s all flour gold,” he said referring to the powder-like gold particles prospectors typically pan out of the Mississippi River.

Larger particles, big enough to feel with a finger, are called “feelers.” Something about the size of a grain of sand, big enough to pick up with your fingers but not worthy of being described as a nugget, are called “pickers.”

It’s a truism, according to Shoemaker, that in past gold rushes, the people who reliably made the most money were the ones selling supplies to the prospectors.

That’s sort of true today, except instead of selling shovels, wheel barrows and denim jeans, the real money may be in supplying information and entertainment to actual and armchair gold hunters via social media content.

For example, one of Lundgren’s YouTube videos titled, "Panning 100 Pans in Minneapolis: Mississippi River Gold!" has gotten 1.9 million views. That earned him more than $6,000, far more than the value of all the gold he’s found.

“For me the mother lode is when a video goes viral,” Lundgren said.

But even for gold prospectors who measure their finds by the thimbleful, there’s something magical about finding bits of treasure hidden under our feet.

Monticello resident Tom Schultz said he’s been prospecting with his 13-year-old daughter, Eleanor, after learning about gold prospecting from an online video.

He said finding gold was like catching a fish for the first time.

“It was super exciting,” he said. “I had no idea you could do this in Minnesota.”

“You look out there and you think there’s nothing there. It’s just gravel,” said Mike Swisher, a gold prospector from Prescott, Wis. But when you find gold, “It’s a rush. It’s an accomplishment.”

“No other color is like it,” said James Ingham, a prospector from Austin, Minn., of the sight of gold shining in a pan. “It just lights up your eye.”

And like the prospector in the movie, Shoemaker said it’s the effort to find it that makes it precious.

“Gold is rare. Gold is so hard to find,” he said. “When you find it, you’ve accomplished something. You’ve wrestled something from Mother Nature.”

about the writer

about the writer

Richard Chin

Reporter

Richard Chin is a feature reporter with the Minnesota Star Tribune in Minneapolis. He has been a longtime Twin Cities-based journalist who has covered crime, courts, transportation, outdoor recreation and human interest stories.

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Anthony Soufflé/The Minnesota Star Tribune

Meet the prospectors who are finding the precious yellow metal in the Mississippi River.

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